Realty Income has announced the tentative merger date with Vereit, which will be on 11/1/2021. The date of record will be 11/2/2021, and the distribution date will be 11/12/2021.
Realty Income shareholders will receive 1 share of the new entity "Orion Office REIT INC (NYSE: ONL) for every 10 shares of Realty Income.
Additionally, Vereit shareholders will receive .705 shares of Realty Income for every share of Vereit they own.
Realty Income Press Release - [ Ссылка ]
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01:27 When will I receive Realty Income spin-off?
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Important Realty Income - Vereit Merger Update
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